Michael Eisner’s Tornante Invests In Struum; New Company Led By Former Discovery, Disney Execs Helps Consumers Find OTT Content

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Former senior Disney and Discovery streaming and tech execs Thursday announced a new venture called Struum backed by a multi-million dollar investment from former Disney CEO Michael Eisner through …

Founders of Struum, which aims to make it easier for people to discover new streaming programming, include Lauren DeVillier, former Head of Product for Discovery Ventures, Eugene Liew, former VP of Product and Technology at Disney+, Paul Pastor, former Executive VP of Strategy, Revenue and Operations at Discovery Networks and Thomas Wadsworth, former lead Advanced Product Development for Walt Disney Imagineering.focus on maximizing opportunity of the mass niche and specialty premium SVOD market.

Nancy Tellem, former President of CBS Entertainment and Xbox Entertainment, Ben Pyne, former President of Disney/ABC Television Distribution, and Donald Hicks, who heads operations at Twitter have joined as advisors.

Struum has deals with nearly three dozen services with 20,000 TV series, movies and shorts. Specific SVOD partners and other details will be unveiled in the coming months. Strum has partnered with Firstlight Media, alsoan investor in the business, to build up a streaming technology platform. It’sand keep your inbox happy.

 

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